Spot Bitcoin ETFs have continued to experience negative weekly flows for the fourth consecutive week, with nearly $800 million exiting the funds. This follows a record outflow of over $2.61 billion the previous week, bringing total net outflows to over $4.5 billion. Bitcoin ETFs recorded net negative flows throughout the week, with the largest outflow of $409 million on Friday. Hedge funds capitalizing on low-risk arbitrage trades between Bitcoin spot ETFs and CME futures and the announcement of the Strategic Bitcoin Reserve by President Trump are said to be contributing to the sell-off. The White House Crypto Summit did not provide a boost to the market, as ongoing macroeconomic concerns and overall economic uncertainty continue to impact investor confidence in digital assets. Additionally, concerns over trade tariffs and other economic factors have compounded the market's challenges.
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